Apple has recently made significant changes to its App Store policies, allowing developers to integrate cryptocurrency payments and NFT features into their iOS apps. Here's what's new:
- *Crypto Payment Options*: Developers can now link to external payment options, including cryptocurrency payments using digital assets like USDC, ETH, and SOL, bypassing Apple's 30% commission.
- *NFT Features*: iOS apps can enable in-app NFT purchases and allow users to browse NFT collections owned by others.
- *App Store Guidelines*: Apple has updated its guidelines to permit developers to include external payment links, provided certain conditions are met.
- *Impact on Crypto Industry*: This move is seen as "hugely bullish" for the crypto industry, enabling more aggressive marketing strategies for crypto-related apps and increasing flexibility for developers building NFT iOS apps.
However, some limitations remain:
- *KYC Requirements*: Users still need to complete Know Your Customer procedures to buy tokens.
- *Fiat-to-Crypto Onboarding*: Developers face challenges in onboarding users due to these KYC requirements.
Overall, Apple's policy change opens up new possibilities for crypto-based apps and NFT features, potentially driving growth and adoption in the cryptocurrency ecosystem.
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